Reach New Holdings Limited completed a 20-for-1 share consolidation on 23 June 2026, sharply reducing both its authorised and issued share counts while maintaining its overall share capital at HKD 20.00 million.

Key transaction details • Authorised share capital: The number of authorised ordinary shares contracted from 2.00 billion to 100.00 million, reflecting the consolidation of every twenty HKD 0.01 share into one HKD 0.20 share. • Issued share capital: Outstanding shares fell by 1.40 billion to 73.56 million, in line with the consolidation ratio. No treasury shares were held before or after the adjustment. • Share capital unchanged: Despite the reduced share count, the company’s paid-up capital remained at HKD 20.00 million due to the simultaneous increase in par value from HKD 0.01 to HKD 0.20.

Public float compliance Following the transaction, Reach New Holdings confirmed that it continues to meet the Hong Kong Stock Exchange’s minimum 25% public float requirement.

Capital-raising and other equity instruments • No share options were outstanding, granted, exercised or cancelled during June 2026. • The company reported no warrants, convertible securities or other share-issuance agreements. • No shares were repurchased or placed in treasury, and no proceeds were raised during the month.

Governance and approvals The consolidation was approved at the general meeting held on 18 June 2026 and effected on 23 June 2026. The company’s filings affirm compliance with all Hong Kong listing rules and regulatory requirements.